Intel Begins Informing Customers About Price Hike Plans of Chip Products

Intel Begins Informing Customers About Price Hike Plans of Chip Products

Intel Corp said on Thursday it has started informing customers of its plan to raise prices for many of its chip products due to rising costs, a move that the company had first hinted in its first-quarter earnings call on April 28. The price increases could come into effect in autumn and the percentage increases … Read more

Taiwan Says Foxconn Needs Permission for China Chip Firm Investment

Taiwan Says Foxconn Needs Permission for China Chip Firm Investment

Taiwan’s Foxconn, the world’s largest contract electronics maker, would need Taiwanese government permission if its unit were to invest in embattled Chinese chip conglomerate Tsinghua Unigroup, a government official said on Thursday. Taiwan media has reported that Foxconn’s China-listed unit Foxconn Industrial Internet Co Ltd plans to spend CNY 9.8 billion (roughly Rs. 11,600 crore) … Read more